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So he applies tariff breaks on phones and laptops.
Very convenient after a nice $1M-a-head lunch with Jensen Huang at Mar-a-Lago where after the Trump administration lifted a ban on AI chip sales to China.
Anyone still believe this is about "bring back manufacturing to America"?
Because he's royally fucking over any company not named Apple, Nvidia, AMD, Lenovo, etc. who makes consumer electronic goods in the US using Chinese inputs.
Furthermore, it seems all companies need to do is spend a few million at Mar-a-Lago to get a favorable deal.
Countries will likely pick up on the fact he's floundering.
Xi can force Chinese citizens to endure the crash, Trump can't.
.MASSHOLE.So he applies tariff breaks on phones and laptops.
Very convenient after a nice $1M-a-head lunch with Jensen Huang at Mar-a-Lago where after the Trump administration lifted a ban on AI chip sales to China.
Anyone still believe this is about "bring back manufacturing to America"?
Because he's royally fucking over any company not named Apple, Nvidia, AMD, Lenovo, etc. who makes consumer electronic goods in the US using Chinese inputs.
Furthermore, it seems all companies need to do is spend a few million at Mar-a-Lago to get a favorable deal.
Countries will likely pick up on the fact he's floundering.
Xi can force Chinese citizens to endure the crash, Trump can't.
He has lost all his leverage.
"Art of the Deal" my ass.
If I’m not mistaken the break only applies to completed products? So if I wanted to buy the components and have a company that builds them here-that’s tariffed…but if I buy an iPhone from china it’s not ?
People in America can move... albeit there would be issues with jobs and or languages but making 30K a year puts you in the top 99% of income earners on planet earth.
alternatively, people in China can move to America except their banks freeze all of your funds and fucks you over.
People in Africa can't move to America because a majority physically can't afford it.
Many islamic countries' citizens currently can't move to America for racist trump terror policies.
"can't move" when you live in america is a lie. It's a "I Don't want to move" Mainly because life here is fucking amazing compared to anywhere i've been aside from Europe, Israel or Singapore.
"can't move" when you live in a city in India where you make 5$ a day is a legit "can't move" And that's a lot of places all over the world.
So yes you can move out of america pretty fucking easily. I did it for 6 months.
Trying to move from anywhere into America is pretty fucking difficult for people. Probably why those folks who say they're moving out of America never actually do it.
BradFiAusNzCoCaI hate when people say “well move”. Many people can’t move so don’t make such blanket statements.
Kinda in the same vein of state abortion bans only hurting the poor. We sit here and wax poetic yet we’re not the people being affected or hurt or limited.
It's funny how this is always how its worked... There have always been bullshit dealings going on. IE Hiring and arming terrorist organizations in the Middle east to disrupt Russian occupation during the cold war.
This is only different now because Trump wants all of this public.
I'd rather have tariffs than the Bay of Pigs or the Gulf of Tonkin or however many more fucked up things our government has kept private.
People these days hate the slightest inconvenience. Probably why we have the best medicine in the world and the fattest unhealthiest people.
.MASSHOLE.So he applies tariff breaks on phones and laptops.
Very convenient after a nice $1M-a-head lunch with Jensen Huang at Mar-a-Lago where after the Trump administration lifted a ban on AI chip sales to China.
Anyone still believe this is about "bring back manufacturing to America"?
Because he's royally fucking over any company not named Apple, Nvidia, AMD, Lenovo, etc. who makes consumer electronic goods in the US using Chinese inputs.
Furthermore, it seems all companies need to do is spend a few million at Mar-a-Lago to get a favorable deal.
Countries will likely pick up on the fact he's floundering.
Xi can force Chinese citizens to endure the crash, Trump can't.
I did it too. I’m talking about people who don’t have the economic means but way to miss my point.
VTshredder69People in America can move... albeit there would be issues with jobs and or languages but making 30K a year puts you in the top 99% of income earners on planet earth.
alternatively, people in China can move to America except their banks freeze all of your funds and fucks you over.
People in Africa can't move to America because a majority physically can't afford it.
Many islamic countries' citizens currently can't move to America for racist trump terror policies.
"can't move" when you live in america is a lie. It's a "I Don't want to move" Mainly because life here is fucking amazing compared to anywhere i've been aside from Europe, Israel or Singapore.
"can't move" when you live in a city in India where you make 5$ a day is a legit "can't move" And that's a lot of places all over the world.
So yes you can move out of america pretty fucking easily. I did it for 6 months.
Trying to move from anywhere into America is pretty fucking difficult for people. Probably why those folks who say they're moving out of America never actually do it.
VTshredder69It's funny how this is always how its worked... There have always been bullshit dealings going on. IE Hiring and arming terrorist organizations in the Middle east to disrupt Russian occupation during the cold war.
This is only different now because Trump wants all of this public.
I'd rather have tariffs than the Bay of Pigs or the Gulf of Tonkin or however many more fucked up things our government has kept private.
People these days hate the slightest inconvenience. Probably why we have the best medicine in the world and the fattest unhealthiest people.
When you say that he wants this public are your referring to the tv game show host that was appointed as secretary of defense accidentally leaking a pending airstrike in Yemen to a journalist? Because I gotta give it to Trump on that one that was VERY VERY transparent
LonelyIf I’m not mistaken the break only applies to completed products? So if I wanted to buy the components and have a company that builds them here-that’s tariffed…but if I buy an iPhone from china it’s not ?
I think so? Not 100% sure.
Either way....completely bending over to his Big Tech donors while fucking over the little guy.
Either way....completely bending over to his Big Tech donors while fucking over the little guy.
No one should be surprised.
Yeah I mean that’s part of what has me frustrated. I’ve read all the orders and listen to most of the announcements/press pools. I’m not entirely sure what is or isn’t included and it seems like the people in the admin in the roles that SHOULD know don’t know either.
As I’ve read it components do not get the cut out but a finished product like an iPhone does…but again even the admin has like 3 different interpretations so who even knows.
I can’t imagine working in customs at a port right now lol. Policy changes by tweet on a 12 hour basis. Pure chaos.
Either way....completely bending over to his Big Tech donors while fucking over the little guy.
No one should be surprised.
Also, is it even campaign contributions/donors anymore? He’s a lame duck president. Seems like it’s more of the million dollar maralago dinners where you pay for your plate to get the opportunity to beg for a cut out.
I mean, god, one of our official tariff positions was that the mean nasty evil countries could “cut us a check” to negotiate
Yea that shit was pretty whack. Wasn't the journalist who broke the story in the whatsapp group?
Lets be honest though... every president has bombed the middle east since Bush Senior??? Why would Trump be any different. Maybe he can beat Obama's drone strike record.
CaseyWhen you say that he wants this public are your referring to the tv game show host that was appointed as secretary of defense accidentally leaking a pending airstrike in Yemen to a journalist? Because I gotta give it to Trump on that one that was VERY VERY transparent
Be mad at Bernie Sanders and Nancy Pelosi and how many other current politicians for doing the same thing. Only they did in office.
Personally as someone who leans more libertarian i think the problem is making the fortunes IN OFFICE.... More than half of our congress and senate are elected with a net worth of ~ $1,000,000 or less with a 200K annual salary. Every single politician leaves office with a net worth of 10 times that and usually more.
The problem is the insane corporate funding that comes from the superPACs. You donate the most money? you can control the candidate.
I don't feel that way about Trump. He can't control himself... you think someone can buy him out? haha good luck.... what corporation is telling him to dismantle the economy and weaken the dollar?
.MASSHOLE.So he applies tariff bresaks on phones and laptops.
Very convenient after a nice $1M-a-head lunch with Jensen Huang at Mar-a-Lago where after the Trump administration lifted a ban on AI chip sales to China.
Anyone still believe this is about "bring back manufacturing to America"?
Because he's royally fucking over any company not named Apple, Nvidia, AMD, Lenovo, etc. who makes consumer electronic goods in the US using Chinese inputs.
Furthermore, it seems all companies need to do is spend a few million at Mar-a-Lago to get a favorable deal.
Countries will likely pick up on the fact he's floundering.
Xi can force Chinese citizens to endure the crash, Trump can't.
Be mad at Bernie Sanders and Nancy Pelosi and how many other current politicians for doing the same thing. Only they did in office.
Personally as someone who leans more libertarian i think the problem is making the fortunes IN OFFICE.... More than half of our congress and senate are elected with a net worth of ~ $1,000,000 or less with a 200K annual salary. Every single politician leaves office with a net worth of 10 times that and usually more.
The problem is the insane corporate funding that comes from the superPACs. You donate the most money? you can control the candidate.
I don't feel that way about Trump. He can't control himself... you think someone can buy him out? haha good luck.... what corporation is telling him to dismantle the economy and weaken the dollar?
Woooosh.
The man can't make a deal to save his fucking life. Hence the irony of the title of his book.
Couldn't care less if a politician makes money off a book while in office.
Do you really think they write it themselves? It's a ghost writer, like every other autobiography from an athlete / movie star / famous figure.
It's not only the corporate funding, it's the insider trading. Two things that the GOP constantly blocks attempts to regulate / reduce the impact of.
Do I think someone can buy him? 100%. Real Estate is all about loans and collateral. He's beholden to whomever is bankrolling his "empire". Furthermore, not only is he susceptible to monetary influences, he's 100% susceptible to people stroking his ego.
The man is seen as a joke amongst the uber wealthy. I know enough people who float around that level of the NYC social circle and no one takes him seriously. He's a poor man's idea of a rich man while the rich see him as a joke.
VTshredder69People in America can move... albeit there would be issues with jobs and or languages but making 30K a year puts you in the top 99% of income earners on planet earth.
alternatively, people in China can move to America except their banks freeze all of your funds and fucks you over.
People in Africa can't move to America because a majority physically can't afford it.
Many islamic countries' citizens currently can't move to America for racist trump terror policies.
"can't move" when you live in america is a lie. It's a "I Don't want to move" Mainly because life here is fucking amazing compared to anywhere i've been aside from Europe, Israel or Singapore.
"can't move" when you live in a city in India where you make 5$ a day is a legit "can't move" And that's a lot of places all over the world.
So yes you can move out of america pretty fucking easily. I did it for 6 months.
Trying to move from anywhere into America is pretty fucking difficult for people. Probably why those folks who say they're moving out of America never actually do it.
What are you yelling about. Living outside America is not moving out of America. I love outside america for 5 or 6 months pretty regularly. I still have a car and my stuff here when I'm gone.
Also getting a short term visa or work visa is much different than getting something long term or a residency. Especially these days with immigration being a blow up issue in the media.
Most people really can't physically afford to uproot and leave the country. You talk about wages but that only applies if working remotely. If not they're not going to get paid the same in a poorer country.
Then all the logistical issues if you have a family. Hell bringing a dog with you is an insane process for many countries.
People who say "if you don't like it gitt out" are full of shit, and most of those people could use a trip outside their home county since it's probably been 10 years.
On top of that, liking a country but disagreeing with the way it's run doesn't mean you hate it and should get out. We've had lot's of reform in the past. Not enough but a lot. Of not we'd still have slavery, child labor, only land owning white men voting, and other fun things.
This absolutely is relevant because "if you don't like it gitttt out" is a horse shit cop out. Many people love this country and want to see it improve. They don't hate America, they don't want to or deserve to have to uproot their families.
They simply want sensible changes to make America a better place. In my opinion that's a lot more honest than the other side of that line.
VTshredder69Respectfully you may have missed my point. The poverty line in America FOR A SINGLE PERSON is $16,000.
The average household income globally is around $12,000.
SO America's poverty rate for a single person is still 4,000$ higher than the global household income.
Let that percolate in your mind for a bit.
goods and housing cost more in the western world, purchasing power is significantly lower for someone earing $16,000 in the US than someone earning $12,000 in Thailand.
Does anyone buy the idea that Trump is orchestrating a “pump and dump” scheme for weathy donors by using tariff annoncements to influence the stock market?
freestyler540Does anyone buy the idea that Trump is orchestrating a “pump and dump” scheme for weathy donors by using tariff annoncements to influence the stock market?
freestyler540Does anyone buy the idea that Trump is orchestrating a “pump and dump” scheme for weathy donors by using tariff annoncements to influence the stock market?
I could def see it. I mean hell, he has no morals and a decent amount of his staff are billionaires, his mega wealthy donors.
freestyler540Does anyone buy the idea that Trump is orchestrating a “pump and dump” scheme for weathy donors by using tariff annoncements to influence the stock market?
freestyler540Does anyone buy the idea that Trump is orchestrating a “pump and dump” scheme for weathy donors by using tariff annoncements to influence the stock market?
This is what Matt Levine said (it's a very good read):
Tariffs lol jk
One informal rule that I set for myself in writing this newsletter is that I try not to pay too much attention to politicians’ tax and regulatory proposals, because often they come to nothing and it’s silly to take them too seriously. I spent the last week breaking this rule for President Donald Trump’s tariffs, and look where that got me:
President Donald Trump announced a 90-day pause on higher tariffs that hit dozens of trade partners after midnight, while raising duties on China to 125%.
The president’s about-face came roughly 13 hours after high duties on 56 nations and the European Union took effect, fueling market turmoil and stoking recession fears. Trump faced massive pressure from business leaders and investors to reverse course. ...
Stocks staged their best rally since 2008 as euphoria gripped markets after Trump’s abrupt announcement. The S&P 500 Index soared 9.5%, rebounding from bear-market territory. The tech-heavy Nasdaq 100 surged 12%. Goldman Sachs Group Inc. economists rescinded their forecast for a US recession.
Sure! There was a formula! There was a whole worked-out theory of trade! This was a centerpiece of his policy! He was kidding! In my defense, financial markets also took the tariffs seriously, and were down; now the tariffs are off and the markets soared yesterday.
Well, the tariffs aren’t off. There are still 10% tariffs on everything, and 125% tariffs on China, with “little prospect for a near-term detente.” Adam Tooze writes: “China is so huge that with 125 percent tariffs on that one country, the overall tariff level is actually higher than before Trump announced his ‘concessions.’” It is still a dramatic shift in US economic policy, but now it comes as a bit of a relief.
Also though this is just a pause, right? Technically, in 90 days we’re supposed to be right back here, with high pseudo-reciprocal tariffs on every country and the formulas and the non-tariff barriers and the reindustrialization of America and the wholesale restructuring of global trade. I will definitely have forgotten all of this by then, though, and so will you, and so will financial markets, and probably so will Donald Trump. “Remember the 29% tariff on penguins,” people will idly muse, like it was a dream.
President Donald Trump on Wednesday urged calm as global markets continue to be upended by his wide-reaching trade war.
"BE COOL! Everything is going to work out well," Trump on Truth Social minutes after the New York York Stock Exchange opened. "The USA will be bigger and better than ever before!"
He added shortly after, "THIS IS A GREAT TIME TO BUY!!! DJT”
The “be cool” post hit at 9:33 a.m. yesterday, the “great time to buy” one at 9:37 a.m. The official tariff pause was also announced first on Truth Social, at 1:18 p.m. If you look at a chart of the S&P 500 index yesterday, there was a little bump at 9:37, and then a huge vertical line at 1:18.
So if you bought stocks yesterday morning on Trump’s advice, you made a lot of money. What does it mean? What does anything mean? Like, the possibilities are:
Trump believed, yesterday morning, that his tariffs were good for America and that this was a great time to buy, because of the tariffs. So he Truthed that. And then a few hours later he changed his mind and paused the tariffs.
Trump knew, yesterday morning, that he was going to pause the tariffs, and he accurately predicted that that would cause the stock market to rip, so he gave his followers on Truth Social a little preview.
Each of those options is pretty funny, but the first one is (1) less funny and (2) surely correct. The “great time to buy” stuff meant that the tariffs were good, that you should buy stocks because of the high tariffs on every country; the four-hours-later tariff pause was a completely separate and unforeseen event. You can tell in part from first principles — why would Donald Trump decide something and then wait patiently for four hours to post about it? — but also from Bloomberg’s reporting about how and when he changed his mind yesterday:
The president started his day monitoring the reaction on Fox Business, where a parade of executives and traders on the normally friendly network sounded alarm. …
Trump turned to social media to encourage followers it was “a great time to buy.” The missives underscored to Wall Street that the president was paying attention, helping fuel a stock rebound.
“BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before!” Trump posted to his Truth Social site.
Still, as the morning stretched on, Trump decided to gather some of his top economic advisers at the White House. Notice went out to US Trade Representative Jamieson Greer, who was testifying before a House panel, that Trump was rethinking the tariff levels.
Treasury Secretary Scott Bessent, who had been scheduled to address the congressional Republican Study Committee to discuss tax legislation, hastily canceled his appearance to return to the White House. Commerce Secretary Howard Lutnick was also summoned. The financial markets were weighing heavily on his mind. …
The trio sat to draft a social media post to tell the world that he was, at least temporarily, rolling back the tariffs, writing the text without even consulting the president’s legal team.
“Just wrote it up,” Trump said. “It was written from the heart, and I think it was well written, too.”
“Be cool” and “great time to buy” were not previews of the tariff pause; they were the last effort to change the market’s mind about the tariffs being good. They didn’t work, so he paused the tariffs.
Still! Many, many readers emailed me with variations on the question “is this insider trading” or “is this securities fraud” or “is this market manipulation,” and … no? [1] Even if the “great time to buy” post was based on an intention to pause the tariffs, it’s not fraud if it’s true and publicly disclosed! I mean, if he spent the morning calling a bunch of his buddies to say “this is a great time to buy, wink wink,” and they bought stocks and then he announced the tariff pause, sure, insider trading. Obviously in a “unitary executive” no one would bring a case about it, but still.
But if you say it publicly it’s not insider trading! (Not legal advice!) Everyone who follows him on Truth Social, or who reads news articles about his Truth Social activity, could trade on this tip or whatever it was. I was vaguely aware, yesterday morning, that Donald Trump had been Truthing that it was time to buy stocks, though I did not buy stocks. I just, you know. Howard Lutnick said on television last month that Tesla Inc. stock would “never be this cheap again,” and then it was. The public investment advice of the Trump administration has not generally been infallible, nor does it seem motivated by dispassionate objective analysis. I just assumed that part of the administration’s job was to make public statements pumping stocks to make Trump’s economic policy look good. It did not occur to me that Trump was transmitting useful inside information about the economic plans of the president of the US. It’s not like he knows what those plans are! Though he is the president.
This is all pretty stupid, but it’s probably less stupid than the alternative of leaving the tariffs in place, so I’ll take what I can get.
freestyler540Does anyone buy the idea that Trump is orchestrating a “pump and dump” scheme for weathy donors by using tariff annoncements to influence the stock market?
No I think it is purely a coincidence that he massively enriched himself and his donors through insider trading. Trump is an HONORABLE CHRISTIAN MAN! And furthermore, when the president does it that means it is not illegal.
I guess what i'm saying is people in poverty in America are nowhere close to people who are in poverty elsewhere.
Millions of people living in a favela with dirt floors doesn't even come close to the bums on the street in NYC that have shelters if they want to utilize them.
theabortionatorWhat are you yelling about. Living outside America is not moving out of America. I love outside america for 5 or 6 months pretty regularly. I still have a car and my stuff here when I'm gone.
Also getting a short term visa or work visa is much different than getting something long term or a residency. Especially these days with immigration being a blow up issue in the media.
Most people really can't physically afford to uproot and leave the country. You talk about wages but that only applies if working remotely. If not they're not going to get paid the same in a poorer country.
Then all the logistical issues if you have a family. Hell bringing a dog with you is an insane process for many countries.
People who say "if you don't like it gitt out" are full of shit, and most of those people could use a trip outside their home county since it's probably been 10 years.
On top of that, liking a country but disagreeing with the way it's run doesn't mean you hate it and should get out. We've had lot's of reform in the past. Not enough but a lot. Of not we'd still have slavery, child labor, only land owning white men voting, and other fun things.
This absolutely is relevant because "if you don't like it gitttt out" is a horse shit cop out. Many people love this country and want to see it improve. They don't hate America, they don't want to or deserve to have to uproot their families.
They simply want sensible changes to make America a better place. In my opinion that's a lot more honest than the other side of that line.
You’re moving the point of this entire conversation to fit your narrative so let’s refocus. We are talking about the barriers to your lower income American moving abroad because they don’t agree with policy. I said it’s not that easy to uproot so you are making a false comparison and dodging what I am saying.
You are literally changing the topic and measurement to fit your narrative. We’re not talking about pure income. We’re talking about purchasing power and what it means in the context of leaving the country.
VTshredder69Lol American poverty is being on food stamps....
Poverty in most places is not knowing if you will eat today while sleeping on a dirt floor without electricty.
There are levels of poverty and the US "poverty" seems pretty fucking good compared to what i've seen in India.
And I'm saying it's easier to move out of America than it is to move into America.
BradFiAusNzCoCaYou’re moving the point of this entire conversation to fit your narrative so let’s refocus. We are talking about the barriers to your lower income American moving abroad because they don’t agree with policy. I said it’s not that easy to uproot so you are making a false comparison and dodging what I am saying.
You are literally changing the topic and measurement to fit your narrative. We’re not talking about pure income. We’re talking about purchasing power and what it means in the context of leaving the country.
VTshredder69And I'm saying it's easier to move out of America than it is to move into America.
And? Yes American poor live relatively well compared to billions of people on earth. That doesn’t mean that it’s good for this country to have a permanent underclass. It’s not good for this country to elect to have a permanent underclass because the political class is purchased by people who don’t want to pay their taxes. At a certain point the inequity becomes destabilizing and you start reliving the French Revolution. I understand that the bottom 50 percent of earners pay basically zero federal income tax- that’s a problem! Not that we need to tax the poor but that half this country doesn’t have a pot to piss in! That is bad!
I was only saying what I said because he's saying how hard it is to move out of America. I'm saying it's harder to move into America. People complaining about the president saying they want to move out actually have it pretty damn good here no matter who is president. It's just the privileged americans blowing smoke up their asses.
CaseyAnd? Yes American poor live relatively well compared to billions of people on earth. That doesn’t mean that it’s good for this country to have a permanent underclass. It’s not good for this country to elect to have a permanent underclass because the political class is purchased by people who don’t want to pay their taxes. At a certain point the inequity becomes destabilizing and you start reliving the French Revolution. I understand that the bottom 50 percent of earners pay basically zero federal income tax- that’s a problem! Not that we need to tax the poor but that half this country doesn’t have a pot to piss in! That is bad!
LonelyWe need to start the physical report discourse.
According to the white house, both of these men are the same height and weight.
I'm a big fella but I try to stay active. My boss one day said he weighed a solid 40lbs less than me despite being notably bigger around and similar height lol like bro the weight on your DL don't count c'mon now
freestyler540Does anyone buy the idea that Trump is orchestrating a “pump and dump” scheme for weathy donors by using tariff annoncements to influence the stock market?
Do I think it's intentional? No. He's not that smart nor forward thinking.
Do I think he clued in people before he announced their suspension? 100%. The uptick in trading right before the announcement is beyond suspicious. I have to imagine Lutnick, who helped start the financial services firm Cantor Fitzgerald, knew early and somehow got that out to the right people.
There are too many quacks in that administration who believe that deficits are bad for the tariffs to be a long-term, stock market pump and dump scheme.
Oh shit. Trump going after Harvard is probably the dumbest thing they could do. He's literally launching an assault on a network of some of the smartest, wealthiest, and most connected people in the US. Yes I know lots of folks don't meet the "smart" card but they're still hella connected. This is gonna be amusing to play out.
PartyBullshiitSo move. If you boo our anthem as an American you’re a piece of garbage and should leave. You can hate the current administration and there is nothing wrong with that but booing our anthem and essentially shitting on the country as a whole is completely trash. If you’re embarrassed to be an American surrender your passport and move to another country. Stop trying to act cool in a chat forum. Fucking bitch.
So Trump wants to withhold Harvard’s tax exempt status because they use their platform for politics? What in the actual fuck is church then? One of my brother and my combined proudest moments was when we got my parents to finally cut ties with their longstanding church during Covid—Missouri Synod Lutheran is very conservative as is but it just became a Trump pulpit, and the amount of anti-gay anti-poor rhetoric was always far too much as it was especially for a place that’s supposed to preach love and acceptance and all
I’ve learned that much like “bigoted, mysogenistic, xenophobic…” was overused to the point of meaningless during cancel culture decade, I’m starting to think “anti-Semitic” is just another cancel word that has been far past abused. It’s time to defund fucking Israel but that’s something only an anti-Semite would say I know. But our first amendment rights are fully under attack, it’s not just students here on visas, do you all not also have friends who are white, full American citizens who once spoke up for Gaza but have completely fallen silent out of absolute fear? This country deserves to burn and officially be poorest of poor we fucked it all up so fast
HypeBeastOh shit. Trump going after Harvard is probably the dumbest thing they could do. He's literally launching an assault on a network of some of the smartest, wealthiest, and most connected people in the US. Yes I know lots of folks don't meet the "smart" card but they're still hella connected. This is gonna be amusing to play out.
People aren't talking about that stupid social media post to "buy"-- that's just what people are pointing at that is actually known. The real speculation is that there's all sorts of back-alley insider trading going on. Posting to the public that its a good time to buy might just be the only thing they have proof of and can pursue. There is stuff that went down before that truth social post was made:
Hear ya
But Congress consistently creates bills that will manipulate the market before you or I know anything about it.
Blame Trump for destroying the market and the USD - but governmental insider trading has been going on for decades..... Only you don't hear about it until the sitting POTUS tweets about it like a goober.
With a salary of 175K our politicians sure know how to invest wisely and multiply their wealth exponentially.
Sno.People aren't talking about that stupid social media post to "buy"-- that's just what people are pointing at that is actually known. The real speculation is that there's all sorts of back-alley insider trading going on. Posting to the public that its a good time to buy might just be the only thing they have proof of and can pursue. There is stuff that went down before that truth social post was made: